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4119 North Ashland Avenue, ...

Updated Dec 19, 2023

Bilt advertisement
Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.15M
SOLDMultiFamily

Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.15M

4119 North Ashland Avenue, Chicago, IL 60613, USA

$1,150,000

$155/SF

Building Size

7,405 SF

Asset Type

MultiFamily

Closing

Sep 7, 2021

About this deal

AI

An undisclosed multifamily property in Chicago has been sold for a price of $1,150,000. The property is located at 4119 N Ashland Ave.

Summary of transaction details

  • Property Type: Multifamily
  • Date: 09/07/2021
  • Buyer's Rep: Jason O'Beirne - Jameson Sotheby's Intl Realty
  • Seller's Rep: Mary Nack - Compass
  • Market: Chicago

The buyer's representative in this transaction was Jason O'Beirne from Jameson Sotheby's Intl Realty and the seller's representative was Mary Nack from Compass.

The multifamily sale at 4119 North Ashland Avenue, Chicago, IL 60613, USA in Chicago, Illinois sold for $1.2M in 2021. The building is 7,405 square feet, implying about 155 per square foot on the published price. Mary Nack, Jason O'Beirne, Sotheby's International Realty, Compass appear on the sale alongside Sotheby's International Realty, Compass. This page is the Chicago, Illinois file for the 4119 North Ashland Avenue, Chicago, IL 60613, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 4119 North Ashland Avenue, Chicago, IL 60613, USA around 2021. Published consideration for 4119 North Ashland Avenue, Chicago, IL 60613, USA is $1.2M, dated 2021. Cite this Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.15M sale when underwriting similar multifamily product around Chicago, Illinois.

Players

Jason O'Beirne

Sotheby's International Realty

Broker

$4.7M

vol

4 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $155 per square foot on a published $1.2M for 7,405 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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